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Group Urges Enforcing Rules
Of Environmental Disclosure

By

David Bank Staff Reporter of The Wall Street Journal

Updated Aug. 22, 2002 12:01 a.m. ET

A group of philanthropic foundations and investment managers are calling on the Securities and Exchange Commission to enforce regulations requiring companies to more fully disclose environmental liabilities such as asbestos litigation, toxic cleanup costs and governmental fines for violations of environmental regulations.

Members of the group appealed to the SEC as investors worried that hidden environmental costs threaten their...